HOUSTON--(BUSINESS WIRE)--Weingarten Realty (the “Company”) reported today that after its preliminary inspections of a vast majority of the properties it seems fortunate as it didn’t receive substantial damage from Hurricane Irma. The Company continues to evaluate and inspect its 31 Florida properties as conditions allow.
"Our thoughts and best wishes go out to our associates, tenants and all affected by this devastating storm. Although our properties have suffered minimal damage, we know there are many that have suffered much and we will continue to support the communities in which we operate," said Drew Alexander, President and Chief Executive Officer.
About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At June 30, 2017, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 216 properties which are located in 18 states spanning the country from coast to coast. These properties represent approximately 43.4 million square feet of which our interests in these properties aggregated approximately 27.8 million square feet of leasable area. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com.
Statements included herein that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company’s regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company’s performance.